European Union regulators have opened an in-depth investigation into Google’s plan to buy fitness tracking device maker Fitbit.
Catch up on the developing stories making headlines.LONDON -- European Union regulators opened an in-depth investigation Tuesday into Google's plan to buy fitness tracking device maker Fitbit.
Google agreed to buy Fitbit in November for $2.1 billion. Privacy, social justice and consumer groups have called on authorities to block the deal, citing privacy and antitrust concerns. The investigation adds more scrutiny of the transaction, which Australia's competition watchdog is also examining. And it underscores the lead role EU authorities have taken in global efforts to regulate the big technology companies.
The regulators will also look into how Europe’s digital healthcare sector would be affected by the Google acquisition, as well as whether the purchase would give the company the ability and incentive to make it harder for wearable devices developed by rivals to work with Android.
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